Federal Reserve

Brad DeLong considers possible candidates and make his recommendation for the next chair of the Federal Reserve:

Consider the set of {people appointed to high federal office by President Barack Obama}.

Consider the set of {people who did not grossly underestimate the seriousness of the macroeconomic situation at some time over 2008-2010}.

Consider the single-element union of those two sets.

Christina Romer really ought to be the next Fed Chair. Just saying…